Nokia transfers 847K shares under incentive plans

The transfer left Nokia with 80,314,659 own shares after shares were allocated to equity-based incentive plan participants.

Available on EDGAR 11/09/2026 - 01:15 PM EST Accepted by SEC EDGAR 11/09/2026 - 01:15 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Nokia Corporation transferred 847,057 company-held shares without consideration on November 9, 2026, to participants in its equity-based incentive plans under the plans’ rules. The transfer was based on a Board resolution to issue company-held shares to settle commitments to plan participants, announced on October 2, 2025. After the transfer, Nokia held 80,314,659 own shares.

Key Figures

Shares transferred: 847,057 shares Own shares held after transfer: 80,314,659 shares

2 metrics

Shares transferred 847,057 shares Transferred to incentive plan participants on November 9, 2026, without consideration

Own shares held after transfer 80,314,659 shares Following the November 9, 2026 transfer

Key Terms

equity-based incentive plans, without consideration, settle its commitments

3 terms

equity-based incentive plans technical

"participants of Nokia's equity-based incentive plans"

Equity-based incentive plans are programs that pay employees, executives or directors in company stock or stock-like instruments instead of cash, similar to giving people slices of a pie so their success depends on the pie growing. They matter to investors because they tie workers’ interests to shareholder value—encouraging performance—but can also increase the total number of shares and reduce each existing share’s ownership and earnings per share over time.

without consideration financial

"transferred today without consideration to participants"

Action described as "without consideration" means a transfer, issue, or agreement where one party gives something of value and receives no payment or other legal benefit in return—essentially a gift or gratuitous transfer. For investors, it matters because such transactions can change ownership stakes, dilute existing holders, affect reported assets or liabilities, and trigger legal or tax rules; think of it like someone handing out free shares or assets instead of selling them.

settle its commitments financial

"to settle its commitments to participants of the incentive plans"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under

the Securities Exchange Act of 1934

Report on Form 6-K dated November 09, 2026

(Commission File No. 1-13202)

Nokia Corporation

Karakaari 7

FI-02610 Espoo

Finland

(Translation of the registrant’s name into English and address of registrant’s principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F: x		Form 40-F: ¨

Enclosures:

· Changes in Nokia Corporation's own shares

	Stock exchange release	1 (1)
	9 November 2026

Nokia Corporation
Stock Exchange Release
9 November 2026 at 18:00 EET

Changes in Nokia Corporation's own shares

Espoo, Finland – A total of 847 057 Nokia shares (NOKIA) held by the company were transferred today without consideration to participants of Nokia's equity-based incentive plans in accordance with the rules of the plans. The transfer is based on the resolution of the Board of Directors to issue shares held by the company to settle its commitments to participants of the incentive plans as announced on 2 October 2025.

The number of own shares held by Nokia Corporation following the transfer is 80 314 659.

About Nokia 

Nokia is a global leader in connectivity infrastructure, enabling the AI supercycle. We build networks that connect intelligence and deliver a comprehensive connectivity solution across fixed, mobile, IP, optical, core, and data center networks. With security by design, AI-driven innovation, and AI-optimized architecture, Nokia delivers trusted infrastructure that enables AI to scale and advances connectivity to secure a brighter world.

Inquiries: 

Nokia  

Communications 

Phone: +358 10 448 4900 

Email: press.services@nokia.com 

Maria Vaismaa, Vice President, Corporate Communications 

Nokia 

Investor Relations 

Phone: +358 931 580 507 

Email: investor.relations@nokia.com  

www.nokia.com

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant, Nokia Corporation, has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 09, 2026		Nokia Corporation
	By:	/s/ Johanna Mandelin
	Name:	Johanna Mandelin
	Title:	Global Head of Corporate Legal